Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities*
The following table presents information related to repurchases of common stock the Company made during the quarter ended March 31, 2025:
Period Total Number of
Shares Purchased Average Price
Paid
per Share Total Number of
Shares Purchased as
Part of Publicly
Announced Plans or
Programs (1)
Approximate Dollar
Value of Shares
that May Yet
Be Purchased Under
the Plans or Programs (1)
January 1-31, 2025 797,922 $ 287.94 797,922 $ 14,770,243,410
February 1-28, 2025 389,627 299.80 389,627 14,653,432,226
March 1-31, 2025 326,548 306.27 326,548 14,553,420,121
Total 1,514,097 $ 294.95 1,514,097
* Subject to applicable law, the Company may repurchase shares directly in the open market, in privately negotiated transactions or pursuant to derivative instruments and plans complying with Rule 10b5-1 under the Exchange Act, among other types of transactions and arrangements.
(1) As disclosed on February 25, 2025 in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, the Company's Board of Directors approved a share repurchase program on November 21, 2024, effective January 1, 2025 with no specified expiration date, that authorized the purchase of up to $15.0 billion of the Company's outstanding common stock.
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